The “four corners” of the Congressional Agriculture Committees – the respective chairmen and ranking minority members of the House and Senate ag panels – are now all on the same page favoring a one-year extension of the farm bill. House Committee Chairman Glenn Thompson (R-Pennsylvania) still hopes to move a farm bill before the end of the year, and new House Speaker Mike Johnson (R-Louisiana) has said he’d like the House to pass the farm bill in December “await Senate action” and then “begin negotiations (with the Senate) as soon as possible.” Thompson acknowledges that an extension would be needed for the Senate bill and for the joint House-Senate conference to craft the final l...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
From WPI Consulting
Forecasting developments in production agriculture
On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.